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100% Occupied Single Tenant

500 Centerpoint Drive, Pontiac, MI 48341

100% Occupied Single Tenant
  • $25,278,720
  • 363,200 SF
  • $69.60
  • Industrial
  • Distribution Warehouse
  • Net Lease Investment with 5 years left on lease
  • 8.75%
  • 1
  • Single
  • 2002
  • 26 ft.
  • 38
  • 2
  • 26 AC
  • 0.83 / 1,000 SF
    • Fenced Yard
    • Electricity/Power
    • Sprinklers
Last Verified  6/15/2009 Listing ID  15508553

Highlights

  • Located in the Centerpoint Business Park and within 2,000 feet of the GM Plant
  • 300 parking spaces (0.83/1000) with automobile parking isolated from truck traffic
  • 80,000-pound dock levelers
  • Site is completely enclosed by fencing and has security system at all doors
  • Tenant is subsidary of one of the 500 largest privately held companies ranked by Forbes
  • Over $1,000,000 invested by tenant for equipment & infrastructure

Description

This property is a Class A warehouse/logistics facility located in the Centerpoint Business Park in Pontiac, Michigan and includes features such as 8" concrete floors, 26' clear ceiling heights, a metal roof with 20-year warranty, 50' x 100' column spacing, 38 dock doors, and 2 grade-level doors, on 26 acres of land. The lease has 4 x 5 year options. Please contact listing brokers for full offering memorandum.

The property is located in Pontiac, Oakland County, Michigan. Pontiac is conveniently located close to Detroit, Flint and Ann Arbor. Pontiac is the County Seat of Oakland County and is home to several major manufacturing plants. As the hub for Automation Alley, you will find the Chrysler World Headquarters and the General Motors Technology Center nearby.

Financial Summary

  • Actual
  • $2,211,888

Map of 500 Centerpoint Drive, Pontiac, MI 48341 (Oakland County)

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David Meir, Alan Levy, and Christina Pambakian (818) 905-7367
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Created 1/10/2008

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